Tokyo Century Corporation TSE:8439

Tokyo Century : Investor's Guide 2025

Published

Source: MarketScreener

Investor's Guide

December 2025

Tokyo Century Corporation (Security code: 8439)



Tokyo Century develops business focused on providing the various assets that support our lives and society. We are contributing to the enrichment of people's lives with our expertise for determining asset value and our life cycle management capabilities for managing post-use assets.

Assets and Services Provided Through Tokyo Century's Business Activities

Wind Power Generation

Data Centers

Real Estate

Trucks

Aircraft Solar Power Generation

Electric Vehicle-Related Services

ICT Equipment Recycling

Storage Batteries

ICT

Equipment

Construction Machinery

Automobiles

Ships



Tokyo Century formed through the merger of two major leasing companies

  1. Nippon Kangyo Bank, Ltd.（currently Mizuho Bank, Ltd.）

  2. Kangin Tochi-Tatemono Co., Ltd. (currently Chuo-Nittochi Co., Ltd.)

  3. Nanoh Co., Ltd. (currently Chuo-Nittochi Co., Ltd.)

Shareholders

  1. Tokyo Leasing Co., Ltd.

    established

    1964

    1 2 Birth of Tokyo Century Corporation

    Aviation Capital Group LLC,

    a major U.S. commercial aircraft lessor, became a consolidated subsidiary

    2009

    Merged

    2016

    2019

    2020

    1969

  2. Century Leasing System, Inc.

established

  1. ITOCHU Corporation

  2. Daiichi Bank, Ltd. (currently Mizuho Bank, Ltd.)

  3. Nippon Life Insurance Company

  4. Asahi Mutual Life Insurance Company

Shareholders

CSI Leasing, Inc.,

a leading U.S. independent leasing company, became a consolidated subsidiary

Capital and business alliance agreement with NTT

Major shareholders (as of March 31, 2025)

ITOCHU 30%

Chuo-Nittochi 14%

NTT 10%



Key growth drivers: Aviation, car rental, and overseas IT equipment leasing businesses

Driving Growth Through Resilience: Our diversified, 5-segment portfolio



absorbed the impacts of 1 COVID-19 and 2 the Ukraine conflict through cross-

segmental mutual support, ensuring a return to a strong growth trajectory.

132.3

Ordinary income

Net income attributable to owners of parent

(Billions of yen)

60.7

68.0

73.5

79.0

86.3

91.1

78.1

90.5

106.2

117.3

72.1

85.3

100.0

44.2 46.3 46.3

33.4

55.2

33.1

34.1

40.0

43.6

51.3

52.3

56.3

49.1

50.3

22.3

10.0

25.5 23.6 26.2 28.9

*2

4.8

FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

（予想）

1

2

*1 Forecast

*1: FY2008 figures represent the simple sum of the two pre-merger companies.

*2: Recorded ¥58.0 billion of extraordinary loss (after tax) related to the exposures to Russia

Outbreak of COVID-19

Russia's invasion of Ukraine

Expanding profitable segments such as Specialty Financing and International Business

Segment Assets

Specialty Financing

International Business

4%

12%

International Business

Environmental Infrastructure



5%

16%

21%

Equipment Leasing

Automobility 3%

¥2.1 trillion

March 31, 2009*1

Shipping (2%)

Real Estate (13%)

¥6.1 trillion

March 31, 2025

8% Automobility

81%

Equipment Leasing

Specialty Financing

49%

Aviation (33%)

At the establishment of the company

FY2008 Results*1

Ordinary income ¥22.3 billion

Net income attributable to owners of parent ¥10.0 billion

FY2025 Forecast

Net income attributable to owners of parent ¥100.0 billion

*1 The simple sum of the two pre-merger companies